2019 and beyond

From April 2019, groups of companies or individual companies with profits in excess of £20 million in an accounting period will have to pay 4 quarterly payments in months 3,6,9 and 12 in the accounting period – which is 4 months earlier than at present.

The new regime will apply to accounting periods beginning on or after 1 April 2019. Payments start at 2 months and 13 days after the beginning of the accounting period and follow every 3 months thereafter.